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BANGKOK, Sept 19 - Thai Commerce Minister Krirkkrai Jirapaet on Tuesday expressed confidence that Thailand's exports of gems and jewellery would grow at least 10 per cent this year.
Speaking after presiding over the 40th Bangkok Gems and Jewellery Fair being held in Muang Thong Thani September 18-22, he said that the organisation of the fair helped boost the recognition and sales performance of Thailand's precious stones and jewellery in international markets.
Last year, the country's exports of gems and jewellery products totaled US$3.8 billion.
In the first seven months of this year, Thailand exported more than $2.18 billion of the products, so, Mr. Krirkkrai believed exports would expand at least 10 per cent to over $4 billion this year.
At the same time, he said, the private and public sectors had cooperated to renovate the so-called "gems and jewellery road" stretching between Mahaesak and Silom roads as part of efforts to promote Thailand as the regional hub of the products.
It is expected the gems and jewellery road and the highrise Jewellery Trade Centre would be recognised among people in every corner of the world in the future.
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